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Market Overview - Page 183


Cryptocurrency market cap hits $2 trillion — Now worth as much as Apple
Cryptocurrency market cap hits $2 trillion — Now worth as much as Apple

The market capitalization of all cryptocurrencies in existence surpassed $2 trillion on April 5, according to data from Goingecko, led by the impressive growth of Bitcoin (BTC), Ether (ETH) and other altcoins in 2021. The cryptocurrency market as a whole.

Nasdaq 100 Rallies 2% After Strong Economic Data
Nasdaq 100 Rallies 2% After Strong Economic Data

Stocks climbed toward another record after solid U.S. economic data added to evidence the recovery is gaining momentum. The dollar retreated while Treasuries were mixed. Most major groups in the S&P 500 rose, with the gauge extending gains into a.

Yellen says global minimum tax needed, too soon to declare victory over pandemic
Yellen says global minimum tax needed, too soon to declare victory over pandemic

U.S. Treasury Secretary Janet Yellen said on Monday that she is working with G20 countries to agree on a global corporate minimum tax rate to end a “30-year race to the bottom on corporate tax rates.” The global minimum tax.

Tesla shares jump as much as 7% after first-quarter sales surge
Tesla shares jump as much as 7% after first-quarter sales surge

Tesla shares moved higher on Monday, as investors cheered production and delivery figures that broadly beat expectations. The stock gained as much as 7% during early trading. At noon on Wall Street shares were 5.3% higher. Tesla on Friday reported.

Tim Cook drops some hints on Apple’s car plans, shares what he thinks of Elon Musk and Tesla
Tim Cook drops some hints on Apple’s car plans, shares what he thinks of Elon Musk and Tesla

Apple CEO Tim Cook hinted at the company’s work in autonomous vehicles, following recent reports that the company is in renewed talks to develop its own car. “The autonomy itself is a core technology, in my view. If you sort.

Dow climbs 350 points to a record high, S&P 500 jumps more than 1%
Dow climbs 350 points to a record high, S&P 500 jumps more than 1%

U.S. stocks climbed to record highs on Monday as a strong bounce in U.S. job growth last month raised expectations for a swift economic recovery from the pandemic. The Dow Jones Industrial Average rose 370 points to an all-time high..

UK’s Boris Johnson ‘hopeful’ foreign travel can resume from May 17
UK’s Boris Johnson ‘hopeful’ foreign travel can resume from May 17

U.K. Prime Minister Boris Johnson said Monday it is too soon to make a decision on foreign travel but is “hopeful” it could resume as early as May 17 “But I do not wish to give hostages to fortune, or.

Former SEC Chairman Jay Clayton Warns of New Bitcoin Regulations
Former SEC Chairman Jay Clayton Warns of New Bitcoin Regulations

In an interview with CNBC Squawk Box posted Thursday, Clayton said bitcoin had the status as a non-security at the SEC but this does not mean it should not be regulated. “Where digital assets land at the end of the.

Thai crypto adoption is booming, with volume up 588% since November
Thai crypto adoption is booming, with volume up 588% since November

Crypto adoption appears to be booming in Thailand, with the local Securities and Exchange Commission, or SEC, estimating domestic crypto volumes have increased by nearly 600% since November. Data compiled by the Thai’s SEC and published by Bloomberg indicates combined.

Dollar looks for next catalyst as economic data keep bulls in control
Dollar looks for next catalyst as economic data keep bulls in control

The dollar was largely steady on Monday as investors soaked up last week’s strong U.S. employment report and looked ahead to data on the U.S. services sector for affirmation of a solid economic rebound from the coronavirus shock. The greenback.

Oil prices fall after prior gains driven by OPEC+ move
Oil prices fall after prior gains driven by OPEC+ move

Oil prices slipped on Monday, paring strong gains made in the previous session that was driven by the decision by OPEC+ to gradually ease some of its production cuts between May and July. Brent crude futures for June fell 96.

Japan stocks rise about 1% as major markets in Asia-Pacific are closed for holidays
Japan stocks rise about 1% as major markets in Asia-Pacific are closed for holidays

Shares in Japan climbed in Monday afternoon trade, as many major Asia-Pacific markets are closed for holidays. In Japan, the Nikkei 225 rose 0.91% while the Topix index advanced 0.66%. South Korea’s Kospi hovered above the flatline. Shares of LG.

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